{"id":8356,"date":"2024-11-22T09:35:50","date_gmt":"2024-11-22T09:35:50","guid":{"rendered":"https:\/\/finderica.com\/stocks-making-the-biggest-moves-midday-nflx-googl-nvda-bj\/"},"modified":"2024-11-22T09:35:50","modified_gmt":"2024-11-22T09:35:50","slug":"stocks-making-the-biggest-moves-midday-nflx-googl-nvda-bj","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=8356","title":{"rendered":"Stocks making the biggest moves midday: NFLX, GOOGL, NVDA, BJ"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines in midday trading. Nvidia \u2014 Shares of the chipmaker added 0.5% in midday trading, after gyrating earlier in the session. Nvidia beat on top and bottom lines for the third quarter, posting adjusted earnings of 81 cents per share on revenue of $35.08 billion. Analysts polled by LSEG had called for earnings of 75 cents per share on $33.16 billion in revenue. Nvidia also gave a better-than-expected forecast for the current quarter. Baidu \u2014 U.S. shares of the Chinese search engine fell 5.9% after Baidu&#8217;s third-quarter revenue declined by 3% compared to the year-ago period . Still, the company posted a 12% increase in its non-online marketing revenue, fueled mostly by growth in its artificial intelligence cloud business. Alphabet \u2014 Shares declined 4.7% on news that the Department of Justice is pushing a federal judge to force Google divest its Chrome internet browser in order to create a more level playing field for competitors in the search industry. That follows a ruling in August that Google has a monopoly in the search market. Snowflake \u2014 The data analytics software maker saw shares skyrocket roughly 32.7%, after the company&#8217;s better-than-expected third-quarter results . The stock is heading for its best day ever. Snowflake also called for $3.43 billion in fiscal 2025 product revenue, implying 29% growth. CEO Sridhar Ramaswamy said Snowflake is focusing more on saving money. Merus \u2014 Shares of the cancer therapeutics company gained 3.3%. Goldman Sachs initiated coverage of Merus\u00a0with a buy rating, saying it sees big gains ahead driven by the company&#8217;s cancer treatment. Netflix \u2014 Shares rose about 1.5% on the heels of Bank of America reiterating its buy rating on the stock and upping its price target to $1,000. The bank cited live events, as well as Netflix&#8217;s in-house ad tech platform, as catalysts for growth. Crypto-related stocks \u2014 Stocks tied to cryptocurrencies earlier rose after the price of bitcoin crossed $98,000 for the first time , but they fluctuated after Galaxy Digital CEO Michael Novogratz warned that a pullback in bitcoin will come eventually. MicroStrategy was down more than 16%, while Coinbase dipped 7.7%. Miner Mara Holdings gained roughly 6.8%, while trading platform Robinhood dipped about 2.7%. BJ&#8217;s Wholesale Club \u2014 Shares moved 8.3% higher after the\u00a0warehouse club&#8217;s third-quarter adjusted earnings beat the Street&#8217;s estimates. BJ&#8217;s also boosted its full-year guidance. The company said it will increase its membership fee and announced plans to repurchase $1 billion shares. PDD Holdings \u2014 Shares of the e-commerce giant, which owns Temu, fell 10.6%. PDD missed profit and revenue estimates. \u2014 CNBC&#8217;s Sean Conlon, Yun Li and Michelle Fox contributed reporting.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/11\/21\/stocks-making-the-biggest-moves-midday-nflx-googl-nvda-bj.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines in midday trading. Nvidia \u2014 Shares of the chipmaker added 0.5% in midday trading, after gyrating earlier in the session. Nvidia beat on top and bottom lines for the third quarter, posting adjusted earnings of 81 cents per share on revenue of $35.08 billion. Analysts polled by LSEG had<\/p>\n","protected":false},"author":1,"featured_media":8357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[200,2882,457,634,72,2799,2042,108],"class_list":{"0":"post-8356","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-biggest","9":"tag-googl","10":"tag-making","11":"tag-midday","12":"tag-moves","13":"tag-nflx","14":"tag-nvda","15":"tag-stocks"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/8356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8356"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/8356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/8357"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}